POSITIVE OUTLOOK OF THE CONTAINER SHIPPING INDUSTRY

  • The DHL Ocean Freight Market update indicates a potential upturn in the global container shipping industry shortly.
  • Since October 2023, the ocean freight market has experienced year-on-year growth.
  • The global GDP is projected to increase to 2.5% this year from 2.3% in 2023.
  • Niki Frank, CEO of DHL Global Forwarding Asia Pacific, stated,There are clear indicators that the economic tide is shifting in favor of trade growth.

As per the recently released DHL Ocean Freight Market update report...

https://mfame.guru/positive-outlook-of-the-container-shipping-industry/

151 Jan Hoffmann, Chief, Trade Logistics Branch, Division on Technology and Logistics, UNCTAD

Welcome to the 151st episode of the Shipping Podcast! Listen to Jan Hoffmann, Chief, Trade Logistics Branch, Division on Technology and Logistics, UNCTAD.

“Technical development will never be as slow as today”, says Jan and continues to speak about digitalisation and decarbonisation as the two main global trends that we need to follow right now. It leads to a structural change which will bring automation and transparency to the shipping industry and that will make us more resilient for the...

https://shippingpodcast.com/151-jan-hoffmann-chief-trade-logistics-branch-division-on-technology-and-logistics-unctad/

Cargo theft trends on global supply chains during 2019

The transport and logistic insurer TT Club along with the global provider BSI issued the “Cargo Theft Report 2020” highlighting the impact of cargo theft on the global supply chain, while giving its recommendations of how theft risks can be reduced.

During 2019, both organizations marked several key trends concerning cargo theft incidents. In fact, these trends include both the enormous targeting of cargo trucks for theft in comparison to all other modalities as wells as the food and beverage...

https://safety4sea.com/cargo-theft-trends-on-global-supply-chains-during-2019/

Major stakeholders partner with tech startup project

According to a recent statement, the corporate innovation and venture development firm, Rainmaking, matched five maritime giants with eight startups as part of its Trade & Transport Impact Program.

Namely, Cargotec, HHLA, Inmarsat, Shell, and Wärtsilä will all work together with startup teams from eight different countries, on 13 separate projects with the aim of “accelerating innovation that delivers genuine business results.” Nicklas Viby Fursund, Partner, Rainmaking commented that “there is...

https://safety4sea.com/major-stakeholders-partner-with-tech-startup-project/

Organizations can do more to support UN SDGs, says new study

While there is a general acknowledgement of the importance of the United Nations’ Sustainable Development Goals (SDGs) among organizations, there is room for more concrete action to take place in support of the SDGs if these are to be achieved by 2030, says a recent study by UK-based PwC. In general, ‘climate action’ was high on the agenda for most companies, but ‘life below water’ was identified as less important.

In its largest analysis of published reporting on the UN Sustainable Development...

https://safety4sea.com/organizations-can-do-more-to-support-un-sdgs-says-new-study/

ITOPF: Number of oil tanker spills in 2019 the lowest in 50 years

The International Tanker Owners Pollution Federation (ITOPF) issued its oil spill statistics, noting a continuing decrease at the frequency of oil spills from tankers. With one large and two medium oil spills in 2019, the number in 2019 was the lowest in 50 years, ITOPF notes.

ITOPF maintains a database of oil spills from tank vessels, including combined carriers, FPSOs and barges.

Key statistics

  • The average number of spills of 7 tonnes or more in the 1970s was about 79 per year and has now...

https://safety4sea.com/itopf-number-of-oil-tanker-spills-in-2019-the-lowest-in-50-years/

Climate change, big data and supply chains to take over in 2020

Bureau Veritas estimates that in 2020 there will be major growth in compliance, leading testing and inspection. The certification authority revealed that the key trends in the year ahead will be tackling climate change, ‘Big Data’ as well as ethical supply chains.

Ken Smith, Country Chief at Bureau Veritas UK, highlighted that “as we look to the year ahead, considering ways in which a business can meaningfully help to tackle climate change will remain a top priority, and in many instances, this...

https://safety4sea.com/climate-change-big-data-and-supply-chains-to-take-over-in-2020/

Key trends in Gulf of Guinea attacks 2016-2019

In line with a growing concern over the continued attacks against ships in the Gulf of Guinea, Risk Intelligence has recorded almost 100 maritime security incidents across the region in 2019 to date, around one third of those involved tanker vessels of all types.

Three major attacks in the Gulf of Guinea in December 2019 underlined the significant threat level for tanker operations in the region. The perpetrators escaped with 19, 20 and 8 hostages respectively. In November 2019, crew members...

https://safety4sea.com/key-trends-in-gulf-of-guinea-attacks-2016-2019/

Key trends shaping the cruise industry in 2020

CLIA issued its 2020 State of the Cruise Industry report taking an in-depth look at the impact of cruising and the trends across the industry, including environmental sustainability, responsible tourism and unique passenger offerings. The cruise industry has cemented its role as a mainstream vacation choice with about 32 million guests expected to sail in 2020.

Key trends 2020

-Environmental sustainability: Environmental sustainability is central to responsible tourism and another example of...

https://safety4sea.com/key-trends-shaping-the-cruise-industry-in-2020/

Nicola Good, Head of Brand and External Relations, Marine & Offshore, Lloyd’s Register

Nicola Good, a maritime communicator, used to work as a maritime journalist for some 20 years but have now swopped to be the Head of Brand and External Relations at Lloyd’s Register Marine & Offshore department. What is the difference?

How do we become more visible to the general public, how many times have you heard me put that question to my guest? A hundred? Well, Nicola is actually able to give some good advice and she is also coming up with some explanations on why we are stuck where we...

https://shippingpodcast.com/nicola-good-head-of-brand-and-external-relations-marine-offshore-lloyds-register/